Profitable Auto Repair Shop with Real Estate

Niagara Falls, NY (Niagara County)

Repair Bay
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Asking Price: $250,000

Cash Flow: $54,136

Gross Revenue: $200,500

EBITDA: $45,129

FF&E: $47,671

Inventory: $35,000

Established: 1978

*not included in asking price.

Profitable Auto Repair Shop with Real Estate

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Business Description

This profitable 45-year-old automotive repair shop in Niagara Falls, NY is ready for sale. The owner is already retired from working in the business other than making weekly visits to the shop. The business has two long term employees (28 and 38 years) who manage the business and repair the cars. The shop has the New York Vehicle Inspection Program (NYVIP2) computer software for state inspections. Equipment includes four lifts, wheel alignment machine, tire balance machine, torches, welders, tools – most everything required to make repairs for late model cars. The books are professionally maintained by a local accountant and the financial numbers are solid. This is an excellent opportunity for a qualified mechanic to take the next step and own an established profitable repair shop.

Detailed Information

Location:
Niagara Falls, NY
Inventory:
Included in asking price
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Well maintained 4 bay garage, office and storage container next to building. Located on a busy four lane road.
Competition:
Repair shop is an established business with a sterling reputation.
Growth & Expansion:
The business is profitable and shows some growth. The owner has not worked in the business for years, so the business has been underutilized and is under-performing. The opportunity is tremendous for a new owner/mechanic to make this established, money making business increase revenue and generate more and higher profits. There is a rental property next to the auto repair business which clears $1,400 per month after expenses & taxes (not included in asking price)
Support & Training:
Owner will provide some training. Two long time employees will remain with the repair shop.
Reason for Selling:
Retirement
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Carl Knickerbocker

Business Listed By:
Carl Knickerbocker

ECA Business Alliance LLC

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